Topics

Japan's ultralow jobless rate masks grim reality

/ May 31, 2017

Japan's ultralow jobless rate masks grim reality

Employers across the country are scrambling to find staff, unemployment is at its lowest level in more than two decades and the labor market is tighter than it was during the nation’s booming bubble economy years. This should be great news for the world’s ...

Japan's industrial output rose 4.0% on month in April

/ May 31, 2017

Japan's industrial output rose 4.0% on month in April

Industrial production in April rose 4.0 percent from the previous month to its highest level since October 2008, due mainly to increased auto production amid an economic recovery, government data showed Wednesday. The Ministry of Economy, Trade and Industry, however, kept unchanged its basic ...

Former Fed chief Bernanke endorses BOJ's inflation goal

/ May 24, 2017

Former Fed chief Bernanke endorses BOJ's inflation goal

Former head of the U.S. Federal Reserve, Ben S. Bernanke, endorsed the Bank of Japan’s extraordinary easing measures to break free of persistent deflation and underlined the importance of coordinating monetary policy with fiscal stimulus. “Despite improvement in the Japanese economy, I think there’s ...